Money Worksheets Grade 5 and Grade 4

Prices to multiply by 10 to 25, pack prices to divide, and profit, expenses and net income in dollars.

6 problems. Ten to twenty-five of one thing: a price times 10 to 25. Sheet 2PVMO2, with its answer key.

How it works

For money worksheets grade 5 students need decimals. These sheets multiply a price by a whole number, such as 17 × $3.44, and divide a pack price to find the price of one. Three cover profit, expenses and net income.

Read the full guide

Multiplying and dividing prices

The opening sheet multiplies a price by 10 to 25. Two more multiply by exactly 10 and by exactly 100, where the digits only move: 10 × $7.72 = $77.20. The division sheets go the other way and find the price of one from a pack. Under each answer the key prints the number sentence, such as $7.80 ÷ 6 = $1.30.

Profit, expenses and income

Used as money worksheets 4th grade classes in Texas can open the profit and expenses sheets, which match the personal financial literacy standards there; the gross and net income sheet is a grade 5 topic. Every amount in a story is made up and stated in the problem.

  • Have students estimate with whole dollars first: 17 at about $3 each is about $51.
  • For times 10 and times 100, ask where each digit moves before anyone writes.
  • Check a price of one by multiplying it back by the number in the pack.

Questions and answers

What money skills are in grade 5?

Common Core standard 5.NBT.7 asks students to add, subtract, multiply and divide decimals to hundredths, which is what dollars and cents are. Texas standard 5.3(E) names products of decimals to the hundredths in situations involving money, and 5.10(B) gross and net income.

How do you multiply money by a whole number?

Multiply as if the price were a whole number of cents, then put the decimal point two places from the right. For 17 × $3.44, 17 × 344 = 5,848 cents, which is $58.48.

What is the difference between gross income and net income?

Gross income is what is earned before anything is taken out. Net income is what is left after taxes and other amounts are withheld. If gross pay is $412.00 and $58.40 is taken out, net income is $353.60.

How do you find profit?

Subtract what was spent from what was taken in. A bake sale that takes in $86.50 and spends $31.25 on supplies makes $86.50 − $31.25 = $55.25 profit.

All 8 sheet types

A price times a whole number 3

  • A hundred of the same: a price times 100 Every digit moves two places to the left, so the cents become dollars: 100 × $7.72 = $772.00.
  • Ten of the same: a price times 10 Every digit moves one place to the left. 10 × $7.72 = $77.20, and the answer still shows two places for the cents.
  • Ten to twenty-five of one thing: a price times 10 to 25 A price and a two-digit count. Admission at $3.44 a person for a group of 17 comes to 17 × $3.44 = $58.48. Multiply as with whole numbers, then put the point two places from the right. The page opens on this sheet.

The price of one 2

  • One of ten: a price divided by 10 Every digit moves one place to the right. A box of 10 pens for $47.80 makes each pen $47.80 ÷ 10 = $4.78.
  • The price of one from a pack of 2 to 12 A pack price and the number in the pack. 6 erasers for $7.80 cost $7.80 ÷ 6 = $1.30 each. Every answer is a whole number of cents.

Profit, expenses and income 3

  • Fixed and variable expenses: the total Two kinds of expense to add. Fixed expenses of $64.00 and variable expenses of $27.85 make $64.00 + $27.85 = $91.85 for the month.
  • Gross income and net income Texas grade 5 asks students to explain the difference between gross income and net income. From gross pay of $412.00 with $58.40 taken out for taxes, the net income is $412.00 − $58.40 = $353.60. Every amount taken out is made up and printed in its problem.
  • Profit in dollars and cents: sales minus costs Texas grade 4 asks students to calculate profit. A bake sale takes in $86.50 and spends $31.25 on supplies: $86.50 − $31.25 = $55.25 profit. The money taken in is always the larger amount.